WASHINGTON – A majority of business economists now view the government’s tax and spending policy as moving too aggressively to stimulate economic growth, setting up a...
MANILA — Foreign funds continue to pour into the Philippines’ equities market, boosting not only the main index but also the peso on Wednesday. The Philippine Stock...
MANILA – – Risk-off sentiment ahead of the respective policy meetings of the Bangko Sentral ng Pilipinas (BSP) and the Federal Reserve this week weakened the...
MANILA — The Bangko Sentral ng Pilipinas (BSP) need not follow what the Federal Reserve does since these central banks have different factors to consider in...
WASHINGTON — President Donald Trump said Friday that he has someone “very specific in mind” to be the next chairman of the Federal Reserve and he...
MANILA — Strong demand for the Philippines Treasury bills (T-bills) resulted in the drop of the debt papers’ average rate Monday. Rate of the benchmark 91-day T-bill...
MANILA—Lack of direction on when the next hike of the Federal Reserve’s key rates would weaken the US dollar to the advantage of the Philippine peso...